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Issue of Share Options and PDMR Dealing

RNS Announcement

RNS Number : 1227H

Science Group PLC

15 August 2016

Science Group plc

(the "Company")

Issue of share options and PDMR dealing

Science Group plc (AIM:SAG) announces that on 12 August 2016 the Company granted options ("Options") over 385,000 ordinary shares in its share capital to 31 employees of the group under the Company's Performance Share Plan.

Each of these Options vest after three years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of seven years from vesting, provided that certain performance conditions have been satisfied. Up to 50 per cent of the Options may vest subject to the achievement of Earnings per Share growth targets in each of the three financial years 2016-2018. Up to a further 50 per cent of the Options may vest subject to achievement of a Total Shareholder Return target over a three year period.

Details of Director and other PDMR option awards are included in the disclosure notices below. Save for the below, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.

Details of the person discharging managerial responsibilities/person closely associated

Name: Rebecca Hemsted

2.

Reason for the notification

Position/status: Finance Director

Initial notification/Amendment: Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name: Science Group plc

LEI: n/a

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument: Ordinary shares of 1p each.

Identification code: GB00B39GTJ17

Nature of the transaction: Grant of share options

Price(s) and volume(s):

Price(s)	Volume(s)
1p	25,000

Aggregated information:

· Aggregated volume: 25,000

· Price: £250

Date of the transaction: 2016-08-12

Place of the transaction: XLON

1.

Details of the person discharging managerial responsibilities/person closely associated

Name: Sarah Cole

2.

Reason for the notification

Position/status: Group Legal Counsel & Company Secretary

Initial notification/Amendment: Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name: Science Group plc

LEI: n/a

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument: Ordinary shares of 1p each.

Identification code: GB00B39GTJ17

Nature of the transaction: Acquisition of shares following exercise of share options

Price(s) and volume(s):

Price(s)	Volume(s)
1p	25,000

Aggregated information:

· Aggregated volume: 25,000

· Price: £250

Date of the transaction: 2016-08-12

Place of the transaction: XLON

1.

Details of the person discharging managerial responsibilities/person closely associated

Name: Daniel Edwards

2.

Reason for the notification

Position/status: Group Commercial Director

Initial notification/Amendment: Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name: Science Group plc

LEI: n/a

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument: Ordinary shares of 1p each.

Identification code: GB00B39GTJ17

Nature of the transaction: Acquisition of shares following exercise of share options

Price(s) and volume(s):

Price(s)	Volume(s)
1p	25,000

Aggregated information:

· Aggregated volume: 25,000

· Price: £250

Date of the transaction: 2016-08-12

Place of the transaction: XLON

1.

Details of the person discharging managerial responsibilities/person closely associated

Name: Tamara Kahn

2.

Reason for the notification

Position/status: Group Strategic Director

Initial notification/Amendment: Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name: Science Group plc

LEI: n/a

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument: Ordinary shares of 1p each.

Identification code: GB00B39GTJ17

Nature of the transaction: Acquisition of shares following exercise of share options

Price(s) and volume(s):

Price(s)	Volume(s)
1p	25,000

Aggregated information:

· Aggregated volume: 25,000

· Price: £250

Date of the transaction: 2016-08-12

Place of the transaction: XLON

- Ends -

For further information:

Science Group plc
Martyn Ratcliffe, Chairman	Tel: +44 (0) 1223 875 200
Rebecca Hemsted, Finance Director

Numis Securities Limited
Nominated Adviser: Simon Willis / Paul Gillam	Tel: +44 (0) 20 7260 1000
Corporate Broking: Michael Burke

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Issue of Share Options and PDMR Dealing
Time: 08:00:10
Date: 15 Aug 2016
Category: Director/PDMR dealings
ID: 1227H